forbes

The 2009 Forbes billionaires list

The American national business magazine, Forbes, compiled and published the list of billionaires including the world’s wealthiest people as of the first quarter 2009, based on each person’s total net worth. Bad news for rich people: last year there were 1,125 billionaires, but this year there are just 793 people rich enough to make the [...]

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Synchrony Fractional Yacht Ownership

“First there were summer house shares, then fractional jet ownership. Apparently, the next step in spreading the wealth is Synchrony, which offers syndicated yacht ownership.” Indeed, owning a yacht is far from a practical proposition, with a high buy-in cost, increasing annual costs and a depreciating asset that remains unused for much of the year. [...]

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How The Luxury Consumer Will Spend In 2009

According to Forbes, wealthy consumers will spend, but differently than before. Exclusivity will be embraced as will quality and dependability. What’s more, luxury brands will begin offering discounts and incentives-something many have never done before. “The days of shopping ’til you drop are over,” says David Lamb, chief strategic officer at diamond giant De Beers, [...]

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The Most Expensive Fictional Houses

Forbes just came out with its first ever ranking of the most expensive houses in the world – that don’t actually exist. All the properties had to be primarily residences and they excluded castles. The most expensive fictional house, according to Forbes, is Xanadu, the home of newspaper baron Charles Foster Kane in Citizen Kane, [...]

America’s Most Expensive ZIP Codes

Forbes has just released its annual ranking of the 100 most expensive zip codes in America. Beverly Hills 90210 for example, barely makes it into the top 10 nowadays with a median home price of $2.41 million, while Bel Air (90077) lags way back at No. 29 with a median price of $1.72 million. New [...]

New Forbes 400 Richest List 2008

With 57 billion dollars net worth Microsoft founder, Bill Gates, has recovered his spot at the top of the US money heap, displacing investor Warren Buffett as America’s richest person, Forbes magazine’s latest list reveals. According to Forbes, whose list was published late Wednesday, the golden 400 have 1.3 billion dollars net worth or more. [...]

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